The Mentone Portfolio
Type: Multifamily / Retail
1840 Mentone Blvd., Mentone, CA 92359

Total Number of Units: 2
Year Built: 1952
Sale Price: $750,000
Price per Unit: $362,500
Price per Square Foot: $319.81
CAP Rate: 5.88%
GRM: 12.35
Downpayment: $326,250
Net Operating Income: $42,664
Rentable Square Feet: 2,267
Lot Size: 0.220
Unit Type
2B1B (SFR)
Retail
No. of Units
1
1
Le Investment Group is pleased to present this unique mixed-use investment opportunity featuring a fully operational liquor store with a detached single- family residence in Mentone, CA. The property generates strong rental income of $4,894/month, supported by long-term tenancy and annual 5% rent escalations. Recent capital improvements include new roofs, new septic system, minimizing near-term expenses. The liquor store lease has 18 months remaining, offering stability with built-in upside. Offered at an attractive basis with both steady cash flow and long-term growth potential in a high-demand market.

